STOCK TITAN

BLACKLINE, INC. (NYSE: BL) director granted 6,416 RSUs in annual award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Velastegui Sophia reported acquisition or exercise transactions in this Form 4 filing.

BLACKLINE, INC. director Sophia Velastegui received an automatic annual equity award of 6,416 restricted stock units on May 7, 2026 under the company’s Outside Director Compensation Policy. These RSUs vest in full on the earlier of one year from the award date or the day before the next annual stockholder meeting, subject to her continued board service. Following this grant, she holds 25,946 shares of common stock directly.

Positive

  • None.

Negative

  • None.
Insider Velastegui Sophia
Role null
Type Security Shares Price Value
Grant/Award Common Stock 6,416 $0.00 --
Holdings After Transaction: Common Stock — 25,946 shares (Direct, null)
Footnotes (1)
  1. Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy. The reported securities awarded on May 7, 2026 (the "Award Date") represent RSUs which vest in full upon the earlier of the one (1) year anniversary of the Award Date or the day prior to the Issuer's next annual meeting of the stockholders and in each case subject to the Reporting Person's continued service on the Issuer's board of directors through each vesting date.
RSUs granted 6,416 shares Automatic annual RSU award on May 7, 2026
Grant price $0.0000 per share Equity compensation, no cash paid by director
Holdings after grant 25,946 shares Total BlackLine common stock directly held after award
Vesting trigger Earlier of 1 year or pre‑meeting Vests on earlier of one-year from May 7, 2026 or day before next annual meeting
restricted stock unit ("RSU") financial
"Reflects an automatic annual restricted stock unit ("RSU") award pursuant..."
Outside Director Compensation Policy financial
"automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy"
Award Date financial
"The reported securities awarded on May 7, 2026 (the "Award Date") represent RSUs..."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Velastegui Sophia

(Last)(First)(Middle)
21300 VICTORY BLVD., 12TH FLOOR

(Street)
WOODLAND HILLS CALIFORNIA 91367

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BLACKLINE, INC. [ BL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/07/2026A(1)6,416(2)A$025,946D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy.
2. The reported securities awarded on May 7, 2026 (the "Award Date") represent RSUs which vest in full upon the earlier of the one (1) year anniversary of the Award Date or the day prior to the Issuer's next annual meeting of the stockholders and in each case subject to the Reporting Person's continued service on the Issuer's board of directors through each vesting date.
/s/ Karole Morgan-Prager, Attorney-in-Fact05/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did BLACKLINE, INC. (BL) director Sophia Velastegui receive in this Form 4 filing?

Sophia Velastegui received an automatic annual award of 6,416 restricted stock units. The grant was made as part of BlackLine’s Outside Director Compensation Policy and represents stock-based compensation rather than an open-market purchase or sale of shares.

When do Sophia Velastegui’s 6,416 BlackLine RSUs from May 7, 2026 vest?

The 6,416 RSUs vest in full on the earlier of the one-year anniversary of May 7, 2026 or the day before BlackLine’s next annual stockholder meeting. Vesting is conditioned on her continued service on the board through the applicable vesting date.

Did Sophia Velastegui pay anything for the 6,416 BlackLine RSUs reported?

No cash was paid for the 6,416 RSUs; the per-share transaction price is reported as 0.0000. This indicates a compensation grant from BlackLine, not a market transaction where the director bought shares on an exchange.

How many BlackLine shares does Sophia Velastegui hold after this RSU award?

After the reported award, Sophia Velastegui directly holds 25,946 shares of BlackLine common stock. This total reflects her position following the 6,416-share restricted stock unit grant disclosed in the Form 4 filing.

Is the RSU grant to BlackLine director Sophia Velastegui part of a standard program?

Yes. The footnotes state the 6,416-share RSU grant is an automatic annual award under BlackLine’s Outside Director Compensation Policy, indicating it is a routine component of director compensation rather than a one-time or special equity award.